Charlty r•glstration nurnber 1129290 (England •nd Wales) Company r•gistration numbor 06054333 HARMONY YOUTH PROJECT ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
HARMONY YOUTH PROJECT LEGAL AND ADMINISTRATIVE INFORMATION Tmsto9s Miss R Crow8 Mr l Read Mr J Hynes Mr S Atch8 MrA B Pembgrton Miss L Elcock CharSty number (England and Wales) 1129290 Company numb•r CI5054333 R•glst•r•d offl¢e 101b Bradshawgate Bolton Ind•p•ndont •xamlnèr Barlow Andrews LLP Carlyle House 78 Chorfey New Road Bolton
HARMONY YOUTH PROJECT CONTENTS Pa99 Trustees. report Indepèndgnt ex8mineVs report Stalemenl of finandal actiV9S Balance sheet Notes to thè finanixal ststement5 8-15
HARMONY YOUTH PROJECT TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 30 JUNE 2025 Tha tluslees present thèir annu81 report and finanual staternents for th& y&ar ended 30 Jun$ 2025. The financi81 statements have boèn prepared in accord8ncè wlh the accounting policies set out in note one to the financial st8t9ments and comply wlh the charity's Memor8nd¢Jm and Arts"cles of Association, thè Cornpanies Act 2006 and 'Accounting and Reporting by Chaiities.. Stalemenl of Recommended Practic8 applicable to charitles preparing their accounts in 8c(x)rdance ¥Mlh (he Fin8n¢ial ReFM)iting Standaid applicable in the UK and Republic ol Iland IFRS 1021 l&ff8th've 1 January 20191". Obl•etlve8 and actlvltl•s Harrnony Youth Project exists to support disadvantaged young people and familie5 across Bolton and Greater Manchester. Through creative, edUcatial and social pr(xJrammes, the charity aim5 to help paoplè build skills, confidence and connecbon$. vh)ile enuraging Inclus. wellbeing and community spirit. Each year. the trusteas review the tharity's objèctives and activitiès to make Sure they continue to deliver a genuino public benefit. The trustees are Satisfi Ihat Flarmony's work m98t5 these aims and pmvides clear valuè to the local community. Our woth this yèar continued to centre ()n education and trdining, youth engagemnt, creative devebpment, and practical support such as food provision and wellbeing s8ssions. The charity continues to provide support to disadvantaged young pèwle throtjgh educationltraining, amateur sp(wt and other various s88$ions that are provided to thè young people. Ptsbli¢ b8nefft The trustees have a duly to ensure that the acliwties of Ihè charity continue to provide a public benefit. They are rnorè than satisfied that by carrying out the above activitl8s th$ eharity continues to provide public bensfit. The trustees have paid duè reg8r(I to guidance ISSU by the Charity Commission in deciding what activit the chanty should undertake. Achlevements and perforniance Ov•rvl•w The p8ri0d from July 2024 to June 2025 saw Harmony Youth Project conts'nue to grow and adapt to the needs of the community. The Picture House Project hub. run in partnership w¢h Irwell Valley Housing, remained the base for much of our delivery. Kay highlights induded.. Expanding ihe food bank and fresh food netwc¢k, now reaching hundreds of people each month. Running youth clubs and holiday programmes that supported over 100 rhildren and youn9 people. Strengthening partn8r5hips with local organisations including Urtn Outreach, The Cub9, The Hygiene Bank, Kingsm6n, and Jobcentre Plus. Launching and ho$lin9 events on issues such 88 mental health. yotrth safety and community resilien. including a knifè-erime awareness event and the winter Warni Spaces initiative. Engaging mre volunteers than evar, contributing over 1,4(N) hours of time to the charity's work.
HARMONY YOUTH PROJECT TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Communlty Support and Food Bank Our foNI bank continued to play a vital role for families across Bolton. 8etween May and Decemb&r 2024 we supported an avgrog8 of 2M5 housaholds each month, and more than 300 people 8 week received fresh food such as bread and Produce. Partnerships with The Hygiene Bank, HomelgssAid UK, Urban Outreach, and The Cube helpeil u8 prov4de consis¢ent supplies and widgr referral supp(Yi. Highlights included.. Five trays ol hygiene items in November 2024 and twenty Christmas hygiene gift bags Shared along$id$ festive food hampers. Twenty Chitstmas dinner hampers given lo families with children, including toys and hygiene packs. Weekly redi5tribulion of surplLts food to partner organisations, reducing waste and increasing rèath. A typical cornnl from a s8Thice usercaplur8d thè rmpbct ofthls Wo.. 'Hannony is one of the only places l Gan go whgTr I know lin w81con. Your support has made a hugg drffgr8n¢e to my mental health, my lrfe andmy family." Youth Engagement Edueation We continued to providè safè. crèativo spaces for young people to team and exprèss thèm$elves. Castle Hlll After School Club: 23 children took part over four weeks, creating and recording an original song and music video that buiK confidence and tèamwork. Summèr HAF Programme: Funded by Bolton Council and SainsbuWs, this five-wesk proj8Ct supported 75 young people vAth daily ereats've and outdoor activities. Halloween Club.. A Iw(>day avent for local children offering crafts. games and pumpkin design sessions. Aiming to do the sarne in Odober 2025. Voluntegr Contrlbutlons Voluntgers rèmain central to everything we do. B6fv488n May and December 2024 thay contrsbuted around 1.232 hours over 112 days. Volunteers helped with the food bank. visitor support, youth sessions. maintenance, 8nd general admini3lrats"on. Sèveral indiwdual stories *ood Qui this year.. A volunteer referred by Jobcentre Plus who, after developing a disability, retrainsd in web design and gained work experien¢e with us while seeking new employTnent. Long-term volunteers Steve and Peter, both living wth mobility Issues, received help applw'ng for Limited Work Capability Support. This re(lueed pressure from Ihe Jobcentre and allowéd them to continue volunteering confidently. Their commitment and kindngss 8mbody the spirit of Hamony Youth Project.
HARMONY YOUTH PROJECT TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Partnershlps and Collaboratlon Partnership working continued to strengthan our cornmunity reach.. Urban Outrèach.. Jornt delivery of household-enargy SUPPQrt and èmergency food referrals. The Hygien• Bank (Bolton): Regular exchange of hygiene packs and essentials. Th• Cubo= Weekly redistribution of fresh ftxxl and bakèry iterns,. studgnt donation drives s¢Jpporting hundreds of students eath month. Klngsmen: Weekly session5 for around nine partj'cipants, Supported by small-project funding. JobC•ntre Plus: On90ing refeal partner for volLtntèèring and work-experience opportunities. The Balmoral: WeeMy SUlUSread collections feeding 1(15 people. Thasa collaborations have been essentsal to maintalnlng a responsiv8. coordinated 8pproac to community needs. Communlty ETrts and Inltlatlves KnK• Crlme Awar•ng53 Evgnt (Novernber 20241-. Led by speakor Carl Montlake arid attanded by 35 people induding councillors, polic8 and VCSE reprgsenlatives. Warm Spacès Projg¢t (Oec 2024-F•b 20251.. Proded wamith. Company and refreshmènts for around 25 people a week through Ihe nter. Donatlon Driv¢¥'. 60 toys donated by rèsidents and 50 via Lidl Toy Bank. £100 anonymous donation usèd to purchase extra children's grfts. Wnb'ng icing passed to a nursèry. benefth'ng about 200 children at Hallowègn. Local familie$ donated books for our Chrislm8s literacy camp819n. These community-led acts of generosity show the shad commitment withtn Bojion to helping one another. Flnaneial review The results of the chaiity's activthes are shown in the Statem&nt of Financial Activities on pa9e 4 of the accounts. During the year th8 tharity received income of £184.75912024.' £121,507) and Snt £156.16212024.. £117,384), resulting in a net surplus 01 £28,59712024.. £4,123). At yearnd, cash and bank balantss stood at £40,086 lan increasè from £27,039 the prevSous yearl. The trustees continue lo ensuré that resourcAs arè rnanaged rèsponsibly and directed primarily to charitabl6 8etivilies. R$seThes pollcy The charity aims to keep unrestricted fvnds at algvel equivalent to about six months of cyerating costs. This helps safeguard servic88 if funding is dèlayed or redueéd. On 30th June 2025 the charity held free reservgs of £55,218 12024.. £19.1191. With unrestricted expenditure ol approximately £60k in 2024125 and similar levels expected in 2025126, the r*arity is mÈgtin9 Its airrL Temporary dips or ris&s rnay occur depanding on grant timings and proj8d ftjnding cyrjes. A reserves recovgry plan is in place lo rebuild balances over time through controlled expgnditure and diversified incorne generation. The policy rÈmarns appropri8te and consSst&nt wlh Charity Comrnission guidance.
HARMONY YOUTH PROJECT TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Maiorrisks The trustees review potential risks regularty. The main risks identified 3r8.. Fluctuating grant and donatM)n income Increased cornmunity demand linkad to the cost-of4iwng crisis Rising operational costs To manag8 these, the charity maintains strong ralalonships with fvnders, continuos divorslfying incorne stre8m$, and follows careful finanaal controls. Plans for futuro perlods Looking ahead tr) 202>26. Hamiony Youth Project plans to- Oevelop a new ¢ounsèlling s9Ce delivered by qualified volunt8èrs. Continue expanding th8 Picture Hou59 Project hub and its creative progr8mmes. Strèngthen youth engagement throvgh music, 8rts and training workshops. Grow the Wami Spaces and focK bank provision to meet ongoing needs. ImpTove dats colledon to evidence irnpact and guide str8tegie ptanning. The trustees r8rn8in committed to helping young people and families build bTi9hter fvtures and strcnger communities across Bolton and Greater Manchester. Structurèi govèrnance and rnanagement Hamiony Youth Project is 8 registered charity and a company limitèd by guarantee and is govèmed by ils Mèmorandum and Articles of Assoaation. The company was incorpornted on th8 16 January 2CKJ7. D8elaratlon ol trust dateil 16 January 2007. The charity is an inco¥poration association. The trustees, who are also the directors for the purpose of company law, and who served d[n9 the year and up to the dale ol signature of the financial statemonts were.. Miss R Crowe Mr l Read MrJ HyS Mr S Atcha MrA B Pemberton Miss L Elcock Recrnitmenl and appotntm&nt oltnjstees Any new trustg8s are appointed by the exiing trustees of the charity $ubjed to the nece83ary background checks being undertaken. Tha iruslees. report Was approved by the Board of Trust. Mr J Hynes Truste• 30 January 2026
HARMONY YOUTH PROJECT INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HARMONYYOUTH PROJECT I report to the trustees on my examination of the financlo15talements of Hannony Youth Project (tho (*arity I for thè year ended 30 June 2025. Responslbllltles and basls of r•port As th$ ¢rustees of the charity land also ils directors for the purposes of company lawl, you are responsibl8 for the pr8paralion of the financial statèments in accord8nce with thg Trquirements ol the Companies Act 2006. Havin9 S8t15fied myseff that the financial statement5 of the charity are not requirèd to be audit under Part 16 of the Companies Aet 2006 and are èligible for indeppndent examinabon, I report in iespect of My examinatk)n of the Charity's financial statements carried out under section 145 of the Charities Act 2011. In Ixrrying out my examination I have followed the Directions given by the Charity Commission under se¢titsn 145lSllbl of the Charities Act 2011. Independent oxamln•rf¥ stat•m•nt I have (knrnpleted my ex8minatson. I confirm that no matters have corne to my attention in cOnneth. with the examination giving ma c8use to beliavg that in any material respect.. accounts.ng records were not kept in rg$pect of the charity as requlred by section 386 of Ihe Companies Act 2006. the financial statements do not accord with those rècord5', or the financial statements do nol comply with the accounting requiremonts of section 396 of the Companies Act 2006 oth8r than any requirement that th8 financial statements give a true and lair view, which is nrl a matter considered as part of an independent e¥aminalion.' or the financial statements have not been prepared accordance with the method$ and principles of the Siatèmenl of Recommended Practice for accounting and reporting by charitie5 applicable to charities pr8p3ring their financial statements in accordanc6 Wlth the Financial Reporting Standard applicable in the UK and Republic of Irèland IFRS f02). I h8ve no concern8 and hav¢ wme across no other mattèrs in connection with the examination to whi¢h attention should be dr8wn in this report in order to enablg a Proper Lbndw3tanding of thg fjnancial ststements to bè r88ched. Philip Riding FCA Bafl¢)w Andrews LLP Carfyle House 78 Chorfey Ntsw Road Bolton 30 January 2026
HARMONYYOUTH PROJECT STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2025 Unrestricted Restrict•d furtd$ nds Total Unrèstrlcted R¢¥trirted fvnds funds funds as r•stst8d as r•stated 2024 2024 Total fvnd$ 2025 2025 2025 2024 Not•¥ Income from- Donations and grants InvoStm8nts 84.865 4.701 95.193 180,058 4,701 41,051 206 80.250 121,301 206 Total incom? 89,566 95.193 184,759 41,257 80,250 121.507 Expenditur• on: Charitable activit193 63.609 92.553 156,162 43,854 73.530 117,384 Total •xp•rtditurg 63,609 92,553 156,162 43,854 73,530 117,384 Nèt ineome and movgmont In fundfj 25,957 2,640 28,597 12,5971 6.720 4,123 Reconcllialion of fvnds: Fund balances at 1 July 2024 las restatèd) 37,923 6,720 44,643 40.520 40,520 Fund balances at 30 Jun• 21125 63.880 9,360 73,240 37.923 6,720 44.643 The stat8ment of financial activitigs incl¥Jdes all gains 8nd loss8s recognised in thè year. All incorne and expenditure derive from continuing adivities.
HARMONY YOUTH PROJECT BALANCE SHEET ASAT 30 JUNE 2025 2025 2024 Not•s Flx?d assets Tangible assèts 10 8,662 18,804 Curr•nt assets Debtors Cash at bank and in hand 11 25,930 40,088 27.039 66.018 27.039 Credltors-. amounts falling due wlthln one yèar 12 11.4401 11,2001 Net curr•nt as$ets 64,578 25,839 Total ets lèss eurrent liabllitlo$ 73,240 44,643 The funds of the charfty R8slri¢led incomè funds Unrestricted fvnds 13 14 9,360 63.880 6,720 37,923 73,240 44.643 The company is entitled to the exemption from the audit raquirement contained in sethon 477 of the Companies Act 2006. f th8 year ended 30 June 2025. Th8 dirgLtor8 acknovA9dge their rasponsibilibes for complying wth thg requir&fn8nts of the Cfynpanies Act 2006 th rs$pecl to accounting records and the preparation of financial stslements. The members have not required the company tts obtain an audit of its financial statements for the year In question in accordance with section 476. These financial statements have baèn prepared in accordance with the provisions applicable to companies subja¢t to the srnall companiès regime. The finanaal statements wer6 approved by the trustees on 30 J8ntsary 2026 Mr J Hynes Trust Company registration number 06054333 IEngland and Wales)
HARMONY YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 Aeeountlng pollcles Charity Infomiailon H8rmony Youth Project 1$ a charity establi8h8d under a tNst d8ad. The Tegisterèd office is 101b Bryddshawgate, Bolton. 1.1 Basis of proparntlon The financial statemenls have baèn prepared in accordance with the charity's governing docufflent, Ihe Companies Ad 2006. FRS 102 Yhe Fin8ndo1 Reporting Stsnd8rd applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to ch8ri1185 preparing their 8ocounts in accordance with the Finanaal R8POrting Stsndard applicable in the UK and Rèwblbc ol Ireland IFRS 1021. The charity is a Pijblic Benefit Entity as defined by FRS 102. The tharity ha8 tsk8n advantage of the provisions in the SORP for charities not to propare a statwn8nt ol cash flows. The fin8ncial stalements are prepared in sterlin9, which is the functional currency of the charfty. Monetary amounts in thase financial statements are rounded to the nearest £. The finanaal statements have been prepared under the historical cosl ¢onvention. 1.2 Golng Conrn Al the tirne ol approving the financial ststemen15. the trustees have 8 reasonable exp8ct8tion that the charity has adequatè rèsosjrces lo continua in operational existènce for Ihe foreséeable futUTe. Thus the Irustees continue lo adopt the going concem basls of accounting in preparing the financial statements. 1.3 Charltable funds Unrestrictéd fvnds are availablg for use at the discr&tion of the trustaas in furtherancè of their charitsbl• obJ'eclive5. Restricted funds ar8 subject lo specffic conditions by donors or grantors as to how they rnay be used. The purposes and uses of the restricted fv¢nds ar8 set out in the notes to the financi81 statements. 1.4 Ineom• 1ncome is recognisèd when the charity is legalty entitled to it after any pgrfomance conditions have been mat. the amounts can be measured reliably. and it is probable that Income will btr reNed. Cash donations are recognised on reealpt. Other donations are re¢ognis8d once the ch8rity has been notlfied of the donation, unl8ss perforniance conditions TequiTe deferral of the 8mount. Incom9 tax recover8bl8 in r91ation to donalions recèNed under Gift Aid or deeds of covenant is reCjnIsed at the time ol the donation. Grants are recognised on rgceipt or Othè$0 if the charity has been notified of an IMndIng distribution, the amount is known, and the rsceipt is expeded.
HARMONYYOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 A¢countlng polleies Icontlnued) 1.5 Exp•nditure Liabilities are recognised on an accnjals basi8. Costs of raising funds relate to actividès undertaken to generate income. Expenditure on (l)aritable activities is costs Incurred by Ihe Charity in thtr delivery of its activitSes and $eTvsces to its beneficAaries. It indudes both o)sts Ihat can ba allocated direcuy to such acb"vrties and those costs of 8n indirect nature necessary to 8UPPOrt thèm. Other expenditure rèpresents those items not falling into any olher heading. Governance costs includ8 811 expendrture direcuy r$18tgd to the 8dministra0on of the charity induding oxpenditure incurred in the rnanagement of the charitys assgts, organi5ational." administration and compliance with charitable and statutory reqUIrenntS. 1.6 Tanglbl• flx•d assets Tangible fixed assets are initially measured 8t C05t and SLtbsequently measured at rst or valualion, nel ol depreciation and any impaimiant losses. Dgprecialion 1$ reix)gnised so as lo wriie off the cost or valuation of assets less their residual valu¥s over their Useful lives on the following bases.. Fixtures and fittings Computers 10% Straight Line 10% Straight Line The gain or loss arising on the d15posal of an asset is detem)ined as the drfference between the sale proceeds and thg carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impalrment of flxèd assets At each rèporting end date, Ihe charity reviews th$ cafrying amounts of Its tsngible assets to deterniiAè whethar trere is any indication that those assets have suffered an impaiment loss. If any such IndtiOn exists, the recoverable amount of the asset is estimated in order to determine the exignt of the impairment loss lif any}. 1.8 Cash and cash •qulval•nts Cash and cash equivalents in¢lude cash in hand. 1.9 Flnanclal instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'other Finanaal Instrurnents Issues, of FRS 102 to all of its financial instruments. Financial instruments arè re¢gnISed In the charity's balance shèèt when thè charity boeomes paty to th8 contractual provisions of the instrltmènl. Financial assets and liabilities a off8el. wf(h thè n81 amounts presented in the financial 8talements, when there is 8 lègally enforcèable right to sel off the recognised amounts and there is an intention lo settle on a nèt basis or to realise the asset and settlè the liability simuttaneously.
HARMONY YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Accountlng pollcles {Contlnu•dl 8o$ie flnanclal ass•ts 8asic finanry81 asseis, which include cash and bank bolances, are initi'ally m8asured at tr8nsaction price including transaction costs 8nd are subsequenlly carried at arnorbsed cost using the effectwè interest rnethod unless the arrangement constitutes a financing transaction, where the transaction is measured at the PT8sent value of the futurè receipts discounted at 8 market rat8 of interest. Financial assèts dassified a5 rece¢vablè vathin one year arg not amortised. B•slc Ilnon¢lal Ilablllties Basic financial liabilitiès, including creditors ar8 initialty rècognised at transaction price unless the arrangerngnt constitut85 a financing transaclion, whère the debt instrument Is measured at the pre5ant value of the fulure payment5 discounted at a market rate of intèrest. Finanaal liabilitbes classrfied as payable within one year are not amortised. Debt instruments 3r8 subsequenuy carried at amortssed cost, using the effective interèst rate mtlhod. D•roeognitlon of flnanclal Ilabllltle5 Flnancia1 liabilities are derecogni5gd when the charitys conlrnctual obligations ext)ire or are distharged or cancelled. 1.10 Employ¢• bènofits The cost of any unused holiday Èntitlement is recognised in Ihe period in which the employee's ServIS are ceived. Termination benefits are recognised immediately as an expense when thè char51y is demonstrably committed to terminate thg employment of an eTnployee or to prtsvide lerlnination benefits. 1.11 Prlor ye#r adlustment A prior period adjuslment has been undertaken to reallocatg unrestn'ctèd funding which was incorractly coJni&gd as restridèd in the prior year. Llnrestricted Income from donations and grants was understated by £14,879, with a corrèsponding overstatement of restricted incorne. The grant5 to which this relaled remained unspent at th& prior yoar end, fesulting in restricted fvnds carried forward at 30 June 2024 being overstated by £14,879 and unr8Stricted fund8 ¢auied foTW8rd being understated by the same amount. Critical accountlng •stlmat•s and judg•m•nts In the application of the charity's accounting policie5, the trustees are required to make judgements, èstlmate$ and assumpb.ons about the caryng amount of ass915 and liabilities that a not readily apparent from oiher sourcès. The gstimates and associ8ted assuTnptions arg based on historical experien¢e and other factors that are considered to be relevant. Actual results may differ fror¥h these ests"mates. The estimates and undertw'ng assumptions are fewewed on an ongolng basls. Revislons to accounting estimates are recognised in the period in which the esiimate is revised where the revision affects cnly that pèriod, OT in the period of the r&S1On and future pèriods where the ravision affects both currant and future periods. 10-
HARMONY YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Income from donatlons and grants Unrgstricted RMtrl¢ted tunds funds Total Unre¥trfcted Rfjstrlcted funds funds fund¥ as rastatgd as r•stated 2024 2024 Total funds 2025 2025 2025 2024 Don8tion3 and gifts 84.865 95.193 180,058 41.051 80.250 121,301 Donatlons and grants BBC Children in Need Warm Spa¢es Bolton CVS- Community and Voluntary Services Bolton al Hgme JD Foundation Other Srnall Donations Autotr8der Bolton CVS - Household Support Garfield Weston Other srnall grants 14,879 14,879 14,879 14.879 10,260 10.260 13,528 13.528 10,000 10,000 6.172 10.000 10,000 6,172 13.256 13,256 23.720 23.720 22,800 22,800 40,000 65,403 40,000 16.730 48,673 56,462 56.462 84,865 95.193 180,058 41,051 80.250 121.301 Other small donations end granis include any incomè received16ss Ihan £10.000. Iome from IntMentS Unrèstricted Unretytricted funds funds 2025 2024 Inierest rèceivable 4.701 206
HARMONY YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Exp•ndlture on ¢harltable actlvltl•s 2025 2024 Dlr•et costs Staff costs Depr8ciation In3ur8ncè Sessional WOTkers Sundry expensÈs Repairs, renalS and equipment Foodbanks and household support Bank charges Pmlessional fees Other restrict8d expendrture 17,780 10,142 1,674 88,873 7,866 8,464 19,650 273 1,440 21,353 10,215 1,486 61,427 7,264 7,387 603 1,200 6.449 156,162 117,384 Analysls by fund unre5tn.rted fijnds Restricted funds 63,609 92.553 43.854 73,530 156,162 117,384 Govemance costs of £1,440 12024.. £1.2001 arè induded in professional fees above. relathng to the preparation and examinalion of the ststuiory accwnts. N•t mov•m•nt in funds 2025 2024 The net movgment in fvnd$ is stated after chargin(credIting}'. Fees payable to the charitys indgpendent examiner. - for the independent exarnination of the chadvs finan¢481 statements Depreciation of owned tsngible fixed assets 1,440 10.142 1,200 10,215 TYu5tsos None of the trustee5 lor any persons connected with them) received any remuneration ry benefts from the charity duriny the year. Employ••s The average monthly numb&r of employees during the year was: 2025 Number 2024 Numb•r Admin 12-
HARMONY YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Empltyi••8 IContlnu•dl Employment costs 2025 2024 Wages and salaries 17,780 21,353 There wèro no employees whose annual remun$r8tion wa5 more th8n £60.OIJO. Taxation The charity IS gxempt from taxatson on its actI8$ because all its incorne is appliad for tharitable purposes. 10 Tan9ibl• fix•d ass•ts Flxtur•5 and C(wnput•v¥ Total Cost At 1 July 2024 100,045 2,095 102,140 At 30 June 2025 100,045 2,095 102.140 Depreclatlon and lrnpalmient At 1 July 2024 Oeprecialion charged in th¥ year 81.378 10.005 1,958 137 83.336 10.142 AI 30 June 2025 91,383 2,095 93.478 Carrylng amount At 30 Jung 2025 8,662 8,662 At 30 June 2024 18.667 137 18,804 11 Dobtorn 2025 2024 Amounts falllng due wlthln on• year. Prepayments and accrued incom9 25.930 12 Credltors: amgunts falllng duè wlthln on• y•ar 2025 2024 Accruals and deferred income 1,440 1.200 13
HARMONY YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 13 Res¢rlct¢d funds Thè restricted funds of ihe charity comprise the unèxpended ba18ncas of donations and grants hgld on trust subject to specific conditions by donors as lo how they may be us0d. At 1 July 2024 a• r•¥tated In¢oming rosources R0yre•S •xpended At 30 June 2025 Bolton Togelher Autoirader Bolton CVS- Household Support Bolton CVS- HAF Summorzon8 Small RestrKted Funds 6,720 12,000 23,720 22.800 11.341 25,332 118.7201 114,3601 122,8001 111,341) 125,3321 9.360 6,720 95,193 {92,5531 9,360 Prèvious year las rè8tatedl: At 1 July 2023 In¢omlng re$ourc•g R•source¥ exp•nded At 30 Jun• 2024 Bolton Together Warm Spaces Bolton CVS- Community and VolLtntary Servi¢¥s Bolton CVS- Suicide Prevwtic Small restri¢tèd fund5 8,720 10,260 13.528 8.650 41,092 6.720 (10,2601 (13,5281 18.650) 141,0921 80,250 173.5301 6,720 Bolton Togelher- Grants for the'one fe Project. and'one Million Hours Project, Autotrader- Gfant to help improve the lives of local peoplè Bolton CVS - Housèhold Support - Grant io 'provide communsty seryices in Bolton to gnhance family stsbility and duCe relianc8 on emergency foodbanks. Bolton CVS- HAF Sumrnarzone- Grant to assist with the SummÉ¥zone Holiday Club Wam Spaces- Gmnt to offer a w8rm, Safe an¢J welcomin9 space for peopl• in negd to spend time in Bolton CVS- Comrnunity and Voluntary Services- grant for summer holiday acvI85 and food fund Bolton CVS- Suicide Prevention - gT8nt to support the suicide provention campaign 14-
HARMONY YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 14 Unrestrlct•d funds The unrostricted fund$ of the charity comprise tha unexpended bylances of donations, grants and other in¢ome which are not subject to S¢1C conditions by donors and grantors as to how they may be used. At 1 July 2024 Incornlng rnsoureès Resourc•s exp•nded At30Ju 2025 Gènèr81 funds 37,923 89,566 {63.6091 63,880 Previous y•ar las restat•dl: At l July 2023 Incorning rnsources Rgsources expendèd At 30 Jun• 2024 Genèral funds 40,520 41,257 {43.8541 37,923 15 AnalyBls of nèt a$sgts botw••n funds Unr•strieted funds 2025 R•$tricted fund$ 2025 Total 2025 At 30 June 2025.. Tangiblè assets Current assets 8,862 55,218 8,662 64.578 9.360 63.880 9.360 73,240 Unrestrict•d funds 2024 Restrfct•d lund8 2024 Totsl 2024 At 30 Jun• 2024 las restated)- Thngible 8ssets Current assets 18.804 19.119 18,804 25.839 6.720 37,923 6,720 44,643 1fj R8lat•d party transaetlonty During the prior yaar, one of tha tNst89s providad a loan to the charity that wa$ fvlty repald in the same period with nothing outstanding at the prior year end and no interest charged. No such transactions have occurrèd in the current year. 15-